Retail

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Retailers reduce staff, increase online trading
Retail

Retailers reduce staff, increase online trading

More than 20 percent of retailers have reduced staff since April 1, and 15 percent plan to cut employee numbers during the next few months, Retail NZ said.Although 57 percent said covid was the reason for the cuts, 21 percent of those surveyed pointed to the $1.20 minimum wage in...

Staff reporters 02 Oct 2020
Burger King to wipe $133m debt for sale
Retail

Burger King to wipe $133m debt for sale

Receiver says sale of fast food chain will happen by year-end; suitor remains secret.

Victoria Young 01 Oct 2020
My Food Bag testing appetite for IPO
Retail

My Food Bag testing appetite for IPO

Meal kit company My Food Bag is weighing up an initial public offering on the NZX.Chief executive officer Kevin Bowler said it had appointed PwC to help it determine whether now was the right time to list, and whether an IPO is “the right track” for the business to take.The food...

JULIE WHITE: Time for a minister of hospitality
Retail Dear minister

JULIE WHITE: Time for a minister of hospitality

We have been the forgotten sector, not understood or valued by the government's current policy strategy. That must change.

Julie White 30 Sep 2020